Stake DAO FXN vs Kinetiq

Kinetiq (KNTQ) is 229.3× the size of Stake DAO FXN (SDFXN) by market capitalisation. Over the past 30 days, KNTQ is ahead by 179.9 percentage points (SDFXN -29.8% against KNTQ +150.1%). Their daily returns move barely in opposite directions (correlation -0.26 across 31 shared trading days). KNTQ has been the more volatile of the two, at 201% annualised against SDFXN's 148%.

Correlation: -0.26
Size ratio: 1 : 229.3
Ahead over 30 days: KNTQ

Stake DAO FXNSDFXN

$18.3000

24h: -2.37%
Market cap: $697,557
Volume 24h: $1,960
Volatility (ann.): 148%

KinetiqKNTQ

$0.500370

24h: +2.65%
Market cap: $159.93M
Volume 24h: $7.55M
Volatility (ann.): 201%

SDFXN 0.4%Share of the two combined market caps99.6% KNTQ

Performance

SDFXNKNTQ

7 days-8.45%+23.74%KNTQ
30 days-29.84%+150.06%KNTQ

Correlation

-0.26over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2690d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	SDFXN	KNTQ
Max drawdown (400d)	-44.2%	-24.5%
Risk-adjusted return (90d)	-0.09	1.26

Relative strength over 90 days: KNTQ outperformed SDFXN by 70.1% — measured on the SDFXN/KNTQ ratio, so it holds regardless of market direction.

Stake DAO FXN →Kinetiq →